Same thing with trusting Bitstamp.

Bitstamp ripple: rvYAfWj5gh67oV6fW32ZzP3Aw4Eubs59B
Bitstamp issues BTC USD EUR among others.
So trusting me for BEK and bitstamp for BTC EUR etc means you can trande BEK for BTC EUR etc.
You can withdraw BTC to your own BTC wallet directly. Cashes out almost immediately.
If you wish to withdraw USD/EUR/JPY whatever, you have to have your bitstamp verified account, and use that.


On the other hand, you can withdraw BEK (BER inside ripple, help me change that) by sending BER inside ripple back to me (rUWpL4dbMddgL5AqmAb3YFPaiGwvFQG7vc). Once I verify, I send you BEK to your real BEK wallet. You have to trust me for BEK. I will try to process withdraws as often as possible. Thats it, pretty simple.

One of the reasons I do this with my own BEK so nobody risks anything, everybody gains.